Daily sales volume of Bitcoin Ordinals reaches highest point since December.

34

Daily trading activity in Bitcoin Ordinals reached its highest level since December 6, 2024, with data from CryptoSlam indicating $11.5 million in sales on July 14.

The statistics also revealed over 8,000 unique buyers compared to around 3,000 unique sellers, marking the largest buyer/seller disparity in five months.

This increase positions the sales volume curve above all figures recorded this year while elevating the buyer count to its peak since late November.

Weekly totals rise but remain sluggish overall

Activity has been on the rise for more than a week. CryptoSlam’s seven-day dashboard reports $25.8 million in Ordinals sales, a 116% increase from the prior seven-day period, despite a notable decline in both buyers and sellers.

Importantly, the wash volume rose by 42%, yet accounted for only 1% of the total volume during this timeframe.

Moreover, while the number of buyers and sellers has decreased, the average sale value in dollar terms increased by nearly 40% in July.

Despite the uptick in sales volumes, Ordinals have been experiencing a significant downturn since February, when they last exceeded $100 million in monthly volume.

As of July 14, Ordinals’ trading volume reached nearly $39 million. It has the potential to exceed June’s $58.1 million, but with the current average daily transaction count of 4,012, it is expected to fall short of $100 million.

Given that the average transaction currently stands at $694.05, the Ordinals market could contribute an additional $47.3 million in volume for July, potentially bringing the total to over $86 million.

‘Uncategorized Ordinals’ top 24‑hour rankings

The 24‑hour collection leaderboard indicates “Uncategorized Ordinals” leading with $8.27 million in turnover, a 1,051% increase from the previous day.

CryptoSlam categorized these tokens as assets not associated with any specific collection, suggesting that a variety of smaller or newly minted sets likely drove this surge.

On a weekly basis, the volume of uncategorized collections rose by approximately 1,900%, exceeding $8.4 million.

Since this category encompasses numerous independent issuances, the figure implies that concentrated interest in a few micro-cap assets can significantly elevate the overall total when liquidity improves.

Collections remain fragmented

The absence of a single dominant project in the current market phase contrasts with last autumn, when two top-10 collections accounted for over 40% of the volume.

At the time of reporting, no named collection, aside from the uncategorized group, captured more than a single-digit share of daily turnover, according to CryptoSlam’s rankings screens.

Bitcoin Puppets achieved the highest daily volume among named collections, totaling $263,148, which represents 7.6%. Runestone followed closely with $236,813 (6.8%).

Over the past seven days, NodeMonkes emerged as the largest named collection in volume, accumulating nearly $1.5 million. However, it constitutes only 5.6% of the total.

The post Daily Bitcoin Ordinals sales volume soar to strongest level since December appeared first on CryptoSlate.